Wacker Neuson Third Quarter 2024 Earnings: EPS: €0.14 (vs €0.63 in 3Q 2023)
Wacker Neuson (ETR:WAC) Third Quarter 2024 Results
Key Financial Results
- Revenue: €517.6m (down 20% from 3Q 2023).
- Net income: €9.70m (down 77% from 3Q 2023).
- Profit margin: 1.9% (down from 6.6% in 3Q 2023).
- EPS: €0.14 (down from €0.63 in 3Q 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Wacker Neuson Earnings Insights
Looking ahead, revenue is forecast to grow 5.9% p.a. on average during the next 3 years, compared to a 4.5% growth forecast for the Machinery industry in Germany.
Performance of the German Machinery industry.
The company's shares are down 6.1% from a week ago.
Risk Analysis
It is worth noting though that we have found 3 warning signs for Wacker Neuson that you need to take into consideration.
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About XTRA:WAC
Wacker Neuson
Manufactures and distributes light and compact equipment in Germany, Austria, the United States, and internationally.
Very undervalued with flawless balance sheet and pays a dividend.